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Nvidia jumps after announcing an AI partnership with Baidu

A fleet of vehicles equipped with Baidu’s autonomous driving technologies conduct road testing in Wuzhen, Zhejiang Province, China in an undated photo. Courtesy of Baidu/Handout via REUTERS

(A line of Baidu autonomous vehicles are seen in an undated photoThomson Reuters)

Nvidia is popping after the company announced a partnership with China's biggest internet search company, Baidu.

Shares of Nvidia are up 3.27% on Wednesday following the announcement, and Baidu is up a similar amount, increasing 2.76%.

The partnership between the two companies hopes to tackle several areas of AI research, most notably self-driving cars.

"We believe AI is the most powerful technology force of our...


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